Insurance Underwriter

Durban FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

Join our company as an Insurance Underwriter, where you will play a crucial role in risk assessment and determining coverage options. Your decision-making will directly contribute to the success of our clients and the profitability of the company.

Responsibilities

  • Analyze data and assess risks associated with insurance policies.
  • Collaborate with sales teams on strategic insurance offerings.
  • Prepare reports on underwriting activities and trends.
  • Implement risk management strategies to minimize potential losses.
  • Stay updated with market trends and emerging risks.
  • Engage in ongoing training and development to enhance underwriting skills.

Requirements

Education
  • Bachelor's degree in Finance, Business, or a related field
  • Professional underwriting qualification preferred
Experience
  • 3-5 years of experience in underwriting or a related field
Technical Skills
  • Risk Assessment
  • Financial Analysis
  • Regulatory Knowledge
Soft Skills
  • Communication
  • Problem-solving
  • Attention to Detail
Certifications
  • Chartered Insurance Underwriter (CIU)
  • Insurance Risk Management Certification
Languages
  • English: Fluent

Advantageous

  • Experience with underwriting software: Familiarity with modern underwriting software and tools.
  • Knowledge of specific insurance products: Expertise in property, casualty, and life insurance underwriting.

Benefits

  • Comprehensive health and wellness benefits
  • Pension fund and retirement savings options
  • Opportunities for training and professional development
  • Work-life balance initiatives

Company Culture

  • Diversity and Inclusion: We value diverse perspectives and are committed to creating an inclusive workplace.
  • Work Environment: Our culture promotes collaboration and mutual respect among team members.
  • Employee Development: We offer continuous learning and development opportunities to enhance skills.
Status: Closed